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15 February 2025 | 14 replies
Consider whether an LLC is right for you—it can provide liability protection but isn’t essential for a single property, as personal liability insurance and an umbrella policy may suffice.
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3 February 2025 | 6 replies
Quote from @Amanda Dobbs: Is there a place to find Private Investors as in one person?
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18 February 2025 | 4 replies
I was looking into unsecured personal loans but they only cover about 50-100k for 1 year duration.
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18 February 2025 | 2 replies
However, transferring your current home into an LLC may affect financing, as most traditional lenders require it to remain in your personal name for a home equity loan.
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13 February 2025 | 10 replies
Work at establishing in-person relationships that will serve you well over time, not just one-and-done.
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4 February 2025 | 4 replies
Call 3 references: Verify that they work there, or that it is an actual person by asking where they work first, and don't mention who you are until after.
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6 February 2025 | 12 replies
If you set the vision and then define the roles and responsibilities I think you can have an easier time finding the person you are looking for.
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23 February 2025 | 10 replies
Hi Ven, I personally consider properties that at least cash flow with full occupancy.
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3 February 2025 | 3 replies
but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips) a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor) in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.
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24 February 2025 | 7 replies
@Collin Hays I really appreciate your insight based on your personal experience in the Smokies.